309 Webster StRinggoldLA71068
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Ringgold at 309 Webster St, Ringgold, LA, 71068 generates $925/mo in rent and, after a $587/mo payment, leaves $182/mo in cash flow. Total monthly income is $925/mo, and annual cash flow is $2,186/yr on $39,747 invested. Return on cash invested sits at 25.41% in year one, and rental yield is 9.26% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 132.45% and total cumulative return in cash sums $52,644. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $925/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
9,975 sqft lot
$N/A/sqft
No HOA
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Listed by: Rhonda Bowman • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #20772194
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